November 11, 2025 11:28am EST
Bank of America CEO seeks 'important' meeting with Mamdani, says NYC's success vital to company
Bank of America CEO cites 16,000 local employees and company's 'success' as reasons to work with Mamdani
By Taylor Penley FOXBusiness
Bank of America CEO Brian Moynihan says he’s ready to meet with New York City Mayor-elect Zohran Mamdani to discuss the city’s future as competing states try to court concerned business owners away from the Big Apple.
"Now that a mayor is in office, whether it's this city or any other city, we have an obligation as a company to work with him to try to make the city successful," Moynihan said Tuesday on Fox News.
"I've got 16,000 teammates who work just in the neighborhood here, and we've got to make it successful."
The key to that, he said, is how Mamdani approaches "governing all the people in the whole city, and [how] he has to carry the budget and the tax base."
Moynihan argued that the company’s success is partly tied to the success of elected officials like Mamdani and the cities, towns and states they represent.
He told "Fox & Friends" co-host Brian Kilmeade he plans to request a meeting with the mayor-elect, calling the issue "important" to thousands of Bank of America employees and their families who rely on New York City being "great."
"As I look forward, I hope that the mayor will engage with us, and we'll give him some ideas," he added.
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https://www.foxbusiness.com/media/bank-america-ceo-seeks-important-meeting-mamdani-says-nycs-success-vital-company
